Universe Share Discussion Threads

[davidosh] 27/5/2014 12:18

Well even if you say 7.4p in early April to just 5.9p to buy now that is a 20% fall and certainly overdone in my view for a company set to grow earnings by 50% and on a historic p/e of just 8.9 A good Agm statement should send this back up again hopefully.

[rbcrbc] 27/5/2014 11:53

I don't think you can realistically count the drop from the brief spell at 8p more fair to call it from the 7p recent average which makes the drop much closer to the average of 10%ish. Nothing to worry about IMO.

[davidosh] 27/5/2014 11:20

me too ! Does anyone know why it has been falling off so much ? Many small cap stocks have been falling off by 10% but this is down by over 25% from its highs now and the growth is still there with no negative news or vibes from the company.

[boadicea] 22/5/2014 10:52

Downing quietly adding (now over 18%). http://uk.advfn.com/news/UKREG/2014/article/62300987

[spud] 28/4/2014 10:06

Friday and Monday buys totalling 887k. This will start to climb soon imo. spud

[spud] 22/4/2014 16:19

And another 510k bought in 2 blocks - This is being accumulated. spud

[spud] 15/4/2014 20:36

Another 500k bought today @ 7p. Nice to see in a volatile market. spud

[spud] 08/4/2014 21:20

Absolutely! That's why I've snaffled an additional 200k since Friday. Market permitting & a fair wind should have us circa 10p by year end. spud

[dealit] 07/4/2014 12:56

I have just noticed that over 100m shares are owned by private investors, is this correct?

[spud] 07/4/2014 12:12

And on the flip side riv: 'The new outdoor payment terminal is gaining acceptance and significant orders for it are expected this year. The new EFT platform is now on pilot with a major supermarket....' spud

[rivaldo] 07/4/2014 10:30

Looks interesting overall, but this comment will have given investors second thoughts: "The high level of project work in 2013 may not be repeated in 2014" Together with the comment that: "Significant change is still underway in the petrol and convenience store markets" is both an opportunity and a challenge.

[nfs] 07/4/2014 09:33

Maybe it's the comment about the lower volume of contract work that has caused the limited impact Anyway I am a first time buyer today

[loganair] 07/4/2014 09:23

I think then we are all agreed a good set of results and very positive, a solid foundation to continue to build upon. Personally I'm not at all surprise the share prise has only risen a fraction, remember the old saying 'buy on the rumour and sell on the news.'

[morwood] 07/4/2014 08:39

Good result. Surprised with the mute share price reaction.

[pjhutchy] 07/4/2014 07:24

All agreed. Solid results

[spud] 07/4/2014 07:14

Good steady progress and a positive forward looking statement. I like.spud

[dealit] 07/4/2014 07:06

Yes good set of results.

[boadicea] 07/4/2014 06:49

http://uk.advfn.com/news/UKREG/2014/article/61743580 Results good - as expected - with the promise of further progress as the recent acquisitions are exploited to full potential. I see the recognition of some deferred tax credits has begun. Initial market reaction is always hard to predict but when any dust settles I feel it should be a penny or two higher within weeks.

[boadicea] 06/4/2014 13:03

loganair - The company cannot currently pay a dividend under UK company law as it has no distributable reserves. This can be corrected by getting court sanction to write off accumulated losses against capital reserves, usually the share premium account. However, I think an early move in this direction is unlikely as there are nearly £16m of intangibles, mainly goodwill, padding out the balance sheet. Although a significant intangible element is not in itself unusual (or worrying) in a company of this type, the ratio of intangibles to reserves is rather high and would advisably be reduced somewhat over time imho. That said, the ratio of intangibles to their supporting profits is a more important factor in the short term. A year or two of good cash generation would see things moving usefully in the right direction. A 'more likely than not' foreseeable profit situation could boost the balance sheet by recognition of tax credits. These enable tax on current profits to be offset against credits created from past losses. That would perhaps be an appropriate time to consider writing off the P&L deficit and commencing a sustainably progressive dividend policy. Each step along this road should, as you suggest, lead to a few pennies on the share price

[loganair] 06/4/2014 11:49

I'm wondering considering Universe is vertually debt free and making a good profit when we're likely to see them paying a small dividend for all us long long suffering share holders??? I think when Universe starts paying a dividend again we'll see a sudden jump of a couple of pennies on to the share price.

[morwood] 05/4/2014 12:50

I am thinking this Tuesday. Hopefully some good news!

[boadicea] 03/4/2014 20:07

Not usually on a Friday, so I would pencil in 10th April as a a more likely guess.

[morwood] 03/4/2014 10:48

Yip. Hopefully some good news!

[cockerhoop] 02/4/2014 19:40

Final Results must be imminent - 4th April in 2012 & 2013.